LGO says that its latest development well, GY-676, at its Goudron Field development in Trinidad, reached total depth at 3,545 feet measured depth on 19 July 2015. Electric log interpretation from both the Goudron Sandstone and C-sand intervals confirms the presence of recoverable hydrocarbons, with the net hydrocarbon pay in the main C-sand target estimated as 222 feet. The well has been successfully cased for future production.

Well GY-676 is the fifth of the seven 2015 wells and the second well from drilling Pad 5 in the north-east of the field. Net oil pay in the Goudron Sandstone was encountered between 535 and 1,255 feet with an estimated 250 feet of total net pay. The oil bearing C-sand interval was encountered between 1,870 and 3,455 feet MD. Shows of light oil at surface were reported at a depth of 2,077 feet, typical for these wells which are drilled close to pressure balance. Net hydrocarbon bearing pay in the C-sand interval is estimated as 222 feet. These observed net pay zones are fully in line with pre-drill expectations for this well.

Tags: LGO Energy